FCCO director receives 1,004 deferred stock units
First Community Corporation director Thomas Carlton Brown increased his equity-based compensation position through a deferred stock unit grant.
Rhea-AI Filing Summary
First Community Corporation director Thomas Carlton Brown increased his equity-based compensation position through a deferred stock unit grant. He was credited with 1,004 deferred stock units for the first quarter of 2026, calculated using a First Community common stock consolidated closing bid price of $29.17 on March 31, 2026. Following this award, he directly holds a total of 41,422 shares and deferred stock units, including 9,827 deferred stock units that accrue dividend equivalents in the form of additional deferred stock units. Each deferred stock unit will convert into one share of First Community common stock upon distribution from the Non-Employee Director Deferred Compensation Plan.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,004 | $29.17 | $29K |
Footnotes (2)
- F1. The reporting person has elected to defer compensation in the form of deferred stock units under the First Community Corporation Amended and Restated Non-Employee Director Deferred Compensation Plan (the "Plan"). Pursuant to the terms of the Plan, the reporting person was credited with 1,004 deferred stock units, based on the amount of compensation deferred by the reporting person under the Plan during the first quarter of 2026 divided by the First Community Corporation common stock consolidated closing bid price of $29.17 on March 31, 2026.
- F2. Includes 9,827 deferred stock units under the First Community Corporation Amended and Restated Non-Employee Director Deferred Compensation Plan (the "Plan"), including 48 deferred stock units credited pursuant to the terms of the Plan as dividend equivalents during the first quarter of 2026. Deferred stock units under the Plan receive dividend equivalents in the form of additional deferred stock units, and shares of First Community Corporation common stock will be issued on a one-for-one basis in respect of deferred stock units upon a distribution from the Plan.
Key Figures
Key Terms
deferred stock units financial
dividend equivalents financial
Non-Employee Director Deferred Compensation Plan financial
FAQ
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What insider transaction did FCCO director Thomas Carlton Brown report?
Was the FCCO Form 4 transaction an open-market buy or a compensation award?
At what price were the new FCCO deferred stock units calculated for Thomas Carlton Brown?
How do dividend equivalents work on FCCO deferred stock units in Brown’s plan?
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